According to IntoTheBlock, the market cap for staked Bitcoin is currently less than 1% of the value of wrapped BTC tokens. In the upcoming weeks, there is an expectation for increased borrowing of wrapped tokens like WBTC and cbBTC against Bitcoin staking tokens. This could lead to leveraged exposure to platforms such as Babylon and Symbiotic.

According to BitMEX Research, the federated bridge mentioned is not intended for the 5,000 staked Bitcoin. This clarification is important for traders to understand the specific applications and limitations of this federated bridge in the context of Bitcoin staking.